RMDs
Retirees Face 25% Penalty If This Requirement Isn’t Met by April 1st
Anthony Lane
Retirees who turned 73 in 2024 must take their first Required Minimum Distribution (RMD) by April 1, 2025—or face a 25% penalty. This in-depth guide explains RMD rules, penalties, deadlines, and tax-smart strategies to help you stay compliant. Learn how to calculate RMDs, correct missed withdrawals, and optimize your retirement income. Whether you're a new retiree or planning ahead, this article offers practical and actionable insights.
